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Fitch Teleconference Today: Global Trust Preferred CDOs, 11 a.m. EST.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 10, 2003

Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 will be hosting a teleconference this morning at 11:00 a.m. EST EST electroshock therapy.

EST
abbr.
electroshock therapy
 to discuss global trust preferred collateralized debt obligations Collateralized Debt Obligation (CDO)

A general inclusive term which covers Collateralized Bond Obligations, Collateralized Loan Obligations, and Collateralized Mortgage Obligations,
 (CDOs). Among the topics to be discussed will include an overview of banks and insurance companies as obligors, structural developments, and a review of Fitch's rating methodology on trust preferred CDOs. Fitch fitch: see polecat.  Senior Director Marion Silverman will be the call leader.

Participants should call USA Toll Free 1-888-316-9406 or USA Toll Number 1-630-395-0019 five minutes prior to the 11:00 a.m. EST start time. A replay of the teleconference will be available from 12:00 p.m. EST P.M. also p.m. or p.m.
abbr.
post meridiem

Usage Note: By definition, 12 a.m.
 this afternoon until April 15 at 5:00 p.m. EST. by dialing Toll Free 1-888-484-8256 or Toll Number 1-402-998-1381. Participants will need to provide both the call leader name ('Marion Silverman') and the passcode ('Trust Preferred') for both the initial call and the replay.

A presentation on Final TruPs CDOs will be available after the teleconference on the Fitch Ratings web site at 'www.fitchratings.com' in the 'About Fitch' section under 'Company Events & Online Media' in the 'Teleconferences and Online Events' page.

The criteria report, 'Rating Criteria for Bank Trust Preferred CDOs', is also available at 'www.fitchratings.com'.
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Publication:Business Wire
Date:Apr 10, 2003
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